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November 12, 2010

Apple's First PC Expected to Fetch $160,000

The Apple I is arguably considered the first personal computer, paving the path for desktop computing with this elementary PC. This incidentally was the first commercial product released by Apple, hand-built by co-founder Steve Wozniak. Released in 1976, the Apple I retailed for $666.66 (Rs. 29,836 approx.), and only 200 units were produced. Apple's quest for simplification was apparent even then. The Apple I featured an assembled motherboard, as opposed to other alternatives prevalent at that time only available in kit form requiring user assembly.

London based auction house Christie's have put up an almost pristine Apple I for bidding. It is expected to get auctioned for anywhere between $160,000 and $240,000. That's quite a lot for something more than three decades old, but the fact that there are less than 50 of them left, makes them pretty invaluable. In fact, Apple has reportedly sold one for $50,000. The estimates don't sound as lofty, when we all know how generous Apple fans are.